The pound sterling edged up another notch against the euro - the rate is now €1.12 = £1.
The bit of strength in the pound is related to the Bank of England setting of interest rates. The Bank has announced that rates will remain where they are at the moment.
The interest rate is tool is used by the bank to curb inflationary tendencies which are becoming evident in the UK economy at the moment, due to the weakness of the currency pushing up the cost of imported raw materials.